N-able (NABL) FCF Margin (2020 - 2026)
N-able's FCF Margin came in at 12.09% for Q2 2026, down 3.54 percentage points from 15.63% a year earlier but up 0.16 percentage points from the prior quarter.
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Analysis
N-able (NABL) FCF Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, N-able reported FCF Margin of 13.33%, down 1.99 percentage points year-over-year; for FY2025, it was 14.75%, up 1.46 percentage points from FY2024.
- FCF Margin carries a five-year change of -9.60 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 13.29% in FY2024 (-4.79 pp), 18.08% in FY2023 (+2.32 pp), 15.76% in FY2022 (+11.52 pp) and 4.24% in FY2021 (-20.11 pp).
- The five-year range for quarterly FCF Margin is -4.05% (Q3 2021) to 25.69% (Q4 2023).
- Year-over-year, FCF Margin has declined for five consecutive quarters, with an average year-over-year change of -1.94 percentage points over the last eight quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q2 2022 (a gain of 22.34 percentage points), and the weakest in Q3 2021 (a drop of 32.39 percentage points).
- Business Quant data shows NABL's FCF Margin at 11.92% (Q1 2026), 16.14% (Q4 2025) and 13.29% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 316.55 Bn | 301.63 Bn | 2.30 Bn | 36.77% |
| 2 | CrowdStrike Holdings | 269.03 Bn | 249.47 Bn | 1.10 Bn | 27.59% |
| 3 | Fortinet | 129.08 Bn | 115.01 Bn | 1.64 Bn | 47.15% |
| 4 | Snowflake | 116.42 Bn | 103.73 Bn | 1.04 Bn | 5.42% |
| 5 | Datadog | 96.40 Bn | 78.04 Bn | 881.34 Mn | 27.28% |
| 6 | Okta | 34.24 Bn | 24.34 Bn | 641.00 Mn | 28.94% |
| 7 | Axon Enterprise | 34.08 Bn | 28.61 Bn | 546.45 Mn | -0.11% |
| 8 | Zscaler | 32.34 Bn | 18.46 Bn | - | - |
| 9 | Baidu | 29.50 Bn | -44.13 Bn | 1.47 Mn | 47.16% |
| 10 | N-able | 793.40 Mn | 346.51 Mn | 106.20 Mn | 12.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.09% |
| Mar 31, 2026 | 11.92% |
| Dec 31, 2025 | 16.14% |
| Sep 30, 2025 | 13.29% |
| Jun 30, 2025 | 15.63% |
| Mar 31, 2025 | 13.88% |
| Dec 31, 2024 | 16.21% |
| Sep 30, 2024 | 15.53% |
| Jun 30, 2024 | 20.31% |
| Mar 31, 2024 | 0.66% |
| Dec 31, 2023 | 25.69% |
| Sep 30, 2023 | 22.31% |
| Jun 30, 2023 | 16.18% |
| Mar 31, 2023 | 7.24% |
| Dec 31, 2022 | 15.93% |
| Sep 30, 2022 | 13.78% |
| Jun 30, 2022 | 21.84% |
| Mar 31, 2022 | 11.47% |
| Dec 31, 2021 | 8.86% |
| Sep 30, 2021 | -4.05% |
API Access
N-able FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=NABL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "NABL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=NABL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();